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The ART Of
The CHARTBy Joseph E.
Majocha

This book guides you through the fundamental "need to
know" concepts of technical analysis and displays 60 real-life charts that
clarify key points, and teaches how to make it work for you in an easy to read,
understand and apply methodology. Learn More >>

Anticipate Backing and Filling

On Monday, major indexes closed fractionally lower on lighter volume. With major indexes trading at 5 year highs, anticipate backing and filling with a TREND working higher. Orderly pullbacks are welcome to digest gains and rebuild momentum. Numerous leading stocks remain extended. Each test of 20dMA has been successfull. Focus on stocks meeting CRITERIA.